Comments by "Samson Soturian" (@samsonsoturian6013) on "How The Godfather of Hedge Funds Went T*ts Up" video.

  1. It sounds like they failed because they abandoned diversification. During their good years they had as many as 400 unique positions at a time, while their failures were due to allowing blind chance to dictate success.
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  2.  @pdorism  they were shorting and had currency positions too, though. That reduces that effect until immediately after the crash when all the valuations change and you must completely revise what you're doing.
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  3.  @selespeed3  how much is that due to dumb luck?
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  4.  @selespeed3  yes. It's dumb luck. Either that or you're straight up lying to me.
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